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Australia Investing
New Century: Century Zinc Mine Officially Open
Sep. 17, 2018 10:07AM PST
Phase 1 operations at the Century mine are underway, which involve the mining and reprocessing of 8 million tonnes per annum of tailings and production of zinc concentrate to be exported via the company’s port facility at Karumba.
New Century Resources (ASX:NCZ) has announced that the official reopening of the Century Mine occurred on Friday the 14th of September with a formal event attended by state and federal politians, investors and the media.
Phase 1 operations at the Century mine are underway, which involve the mining and reprocessing of 8 million tonnes per annum of tailings and production of zinc concentrate to be exported via the company’s port facility at Karumba. The company is targeting the progressive ramp up of operations to 15 million tonnes per annum via the refurbishment of the northern flotation train and further supporting infrastructure at the Century mine.
New Century managing director, Patrick Walta said:
“New Century Resources is dedicated to implementing its economic mine rehabilitation strategy and to establishing a successful business that creates improved environmental outcomes and continued community benefits.
The reinvigorated Century mine operations have also created ongoing indigenous employment opportunities and local community development initiatives through the continued implementation of the Gulf Communities Native Title Agreement.”
Click here to read the full New Century Resources (ASX:NCZ) press release.
